Fed Admits Massive Number of People NOT Working! U.S. Economy in Real Crisis

The Fed is an interesting organization. Every single action they take is being watched literally all around the world. Every financial analyst waits for their meetings and trades based on the information. Their words change markets instantly. So when they release their statements, they’re carefully worded. They refer to it as “forward guidance”. The Fed has been on a mission to ensure that the markets know that they will be handing out easy money. No need to worry. I think I’ll go back to sleep, safe and sound.

Powell on 60 Minutes “We have an unusually large number of people in their prime working years who are not in the labor force. The United States has a lower Labor Force Participation Rate than almost every other advanced country.”

Powell downplays recession fears in ‘60 Minutes’ interview, says Trump can’t fire him - MarketWatch
https://www.marketwatch.com/story/powell-downplays-recession-fears-in-2019-03-10
Powell’s ‘60 Minutes’ message to stress Fed independence and efforts to support average American - MarketWatch
https://www.marketwatch.com/story/powells-60-minutes-message-to-stress-fed-independence-and-efforts-to-support-average-american-2019-03-08?utm_source=dlvr.it&utm_medium=twitter
Civilian Labor Force Participation Rate | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/CIVPART
Speech, Bernanke --Deflation-- November 21, 2002
https://www.federalreserve.gov/boarddocs/speeches/2002/20021121/
The Fed Audit - Senator Bernie Sanders of Vermont
https://www.sanders.senate.gov/newsroom/press-releases/the-fed-audit
Effective Federal Funds Rate | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/FEDFUNDS
All Federal Reserve Banks: Total Assets | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/WALCL
Former Fed Chair Janet Yellen: Far from retired, nowhere near done
https://www.marketplace.org/2019/02/25/economy/janet-yellen
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